Absa Bank Kenya PLC Chief Executive Officer and Managing Director Jeremy Awori will be stepping down from his role on October 31, 2022, to pursue a new career opportunity outside Abs Group.
Awori has been with the bank for nearly 10 years.
In a statement to the press by the Banks Board, they have initiated the process of identifying a suitable successor and will announce the new CEO once the process is completed, subject to regulatory approval.
Giving his remarks on the new developments, Chairman of the Board, Absa Bank Kenya PLC – Mr Charles Muchene said, “Jeremy has been instrumental in driving significant growth and transformation of our business over the past decade and under his outstanding leadership, Absa Bank Kenya PLC has evolved into a modern-day business that all our stakeholders can be proud of.”
On his part, Awori said, “I am honoured to have led Absa Kenya in making a difference in our society while achieving significant commercial milestones over the past decade. I am confident that Absa Kenya will scale greater heights going into the future. I thank the Board of Absa Kenya PLC and Absa Group for the opportunity and pay special tribute to Absa Kenya staff and customers for the honour to serve.”